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Elijah Felice Rosales
Elijah Felice Rosales
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Converge out to challenge Cignal, Sky Cable in pay TV
by Elijah Felice Rosales - February 26, 2024 - 12:00am
Pampanga-based tycoon Dennis Anthony Uy will infiltrate the pay TV segment soon to challenge the dominance of Cignal Cable Corp. and Sky Cable Corp.
NAIA 4th worst in Asia, Middle East for business travel
by Elijah Felice Rosales - February 24, 2024 - 10:30am
The Ninoy Aquino International Airport has been named as the fourth worst gateway in Asia and the Middle East by business class travelers, trailing its Southeast Asian counterparts that were adjudged as some of the...
PLDT-Sky Cable merger unplugged
by Elijah Felice Rosales - February 23, 2024 - 12:00am
Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off.
PLDT proposes $3 million settlement in US budget mess suit
by Elijah Felice Rosales - February 23, 2024 - 12:00am
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco.
Notes on the beat: Behind the scenes in the NAIA bidding
by Elijah Felice Rosales - February 23, 2024 - 12:00am
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless.
GCash says IPO not yet a priority
by Elijah Felice Rosales - February 22, 2024 - 12:00am
E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad.
MPIC likely to pass up on subway bidding
by Elijah Felice Rosales - February 22, 2024 - 12:00am
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government.
MVP, RSA plan to list expressway behemoth
by Elijah Felice Rosales - February 21, 2024 - 12:00am
Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units.
MPIC to pursue buyout of Ayala stake in LRT-1
by Elijah Felice Rosales - February 21, 2024 - 12:00am
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways.
As air fares go up, airlines dangle early bookings for flights
by Elijah Felice Rosales - February 20, 2024 - 12:00am
As worries that air fares may rise in the coming months, the country’s top carriers are urging travelers to book their flights early to take advantage of cheaper prices.
Telcos split on need for AI rules
by Elijah Felice Rosales - February 20, 2024 - 12:00am
Should the use of artificial intelligence be regulated?
Government to pitch Clark as new aviation hub
by Elijah Felice Rosales - February 20, 2024 - 12:00am
The Philippines will pitch Clark International Airport as the next Asian hub for aerospace investments in one of the largest aviation events this year.
Telcos jobs safe from shift to AI, execs assure workers
by Elijah Felice Rosales - February 19, 2024 - 12:00am
Nearly 30,000 Filipinos working in the telco industry are safe from getting laid off as a result of automation, as their bosses guarantee they will be reassigned, not removed, if their jobs are taken over by artificial...
Flagship Ayala companies on tight budget this year
by Elijah Felice Rosales - February 19, 2024 - 12:00am
The Ayala Group is slashing its capital expenditures for the second year in a row, as its flagship property and telco segments cut their respective budgets to maximize existing assets.
GCash gets BSP nod to enter Europe, ME
by Elijah Felice Rosales - February 17, 2024 - 12:00am
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East.
SMC-led group wins bid for NAIA privatization
by Elijah Felice Rosales - February 17, 2024 - 12:00am
A consortium led by San Miguel Corp. (SMC) together with the operator of South Korea’s Incheon airport has bagged a 15-year concession to rehabilitate and run the Ninoy Aquino International Airport (NAIA),...
CLI secures PCC approval for JV with Singapore builder
by Elijah Felice Rosales - February 16, 2024 - 12:00am
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City.
‘Higher NAIA passenger fees loom upon private takeover’
by Elijah Felice Rosales - February 16, 2024 - 12:00am
Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group.
Globe’s non-telco gamble paying off
by Elijah Felice Rosales - February 13, 2024 - 12:00am
Wireless giant Globe Telecom Inc. is reaping the fruits of its investments in non-telco segments, earning P2.6 billion from its tech ventures in 2023.
Japanese offer tech to cut cost of road repairs
by Elijah Felice Rosales - February 13, 2024 - 12:00am
Japan-backed tech innovators are bringing into the Philippines a new service that lowers the cost of fixing road damage by analyzing and recording them through a satellite.
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